RT’s Keiser Report explores rise of ‘cash-burn machines’ & their role in US economy ...News

The Institute for Energy Economics and Financial Analysis reviewed 29 publicly traded shale oil companies in the US and found that $181 billion in cash has been burned between 2010 and 2018. The Federal Reserve, which is providing those companies or the so-called ‘cash-burn machines’ with free money, does not understand why wages aren’t rising and the economy is so weak, says Stacy Herbert. Those companies are “literally just burning that money… they are trashing it, they don’t respect it,” she says. Burning cash is what’s been driving the economy, says Max Keiser. According to him, the C

Read More Details
Finally We wish PressBee provided you with enough information of ( RT’s Keiser Report explores rise of ‘cash-burn machines’ & their role in US economy )

Also on site :

• Celestine Achi Launches Free AI Readiness Assessment Tool and Maturity Framework to Accelerate Africa's AI Adoption in PR, Media, and Communications
• Discrimination cases unravel as Trump scraps core civil rights tenet
• Trump and Xi are likely to talk soon about trade, though no date has been set, Hassett says